First State Futures Review 2026

First State Futures is an Indonesian regulated futures/derivatives broker operated by PT First State Futures

PT First State Futures is currently evidenced as an Indonesian futures broker under BAPPEBTI licence 18/BAPPEBTI/PN/3/2010. The licence is tied to this legal entity and the Indonesian futures/derivatives framework, not a generic global authorization.

The main strengths are current BAPPEBTI/OJK/BI disclosures, broad currency/commodity/index product coverage, demo/mobile access and unusually specific low commission/lot-size claims.

For active comparison purposes, the most important concrete advantages are Current first-party marketing advertises commission from USD 0.1 and 0.1-lot trading; exact symbol spread and financing still vary with product/market. and The broker provides a single current electronic trading platform with mobile access and demo functionality..

The main drawbacks are headline commission is only one part of total cost and product/account margin remains locally specific.

A prospective client should also account for jurisdiction differences: The verified BAPPEBTI relationship is Indonesian. No source reviewed for this profile establishes that PT First State Futures holds an EEA investment-firm passport or a Belgian retail route for electronically distributed leveraged OTC CFDs/rolling-spot forex; Belgian FSMA product restrictions must be assessed separately.

No universal promotion is treated as part of the standard economics. Any live campaign on https://www.firststate-futures.com/ must be checked for entity, residency, expiry, deposit/trading-volume and withdrawal conditions before it is included in a cost comparison.

Key 2026 highlights include BAPPEBTI licence 18/BAPPEBTI/PN/3/2010; First State Futures currently covers currencies, gold/oil, indices, US single-stock related derivatives and multilateral commodities. The broker provides a single current electronic trading platform with mobile access and demo functionality.. These are more useful than marketing slogans because they directly affect pricing, market access, platform capability or client protection.

PT First State Futures is an Indonesian futures/derivatives company. The regulator/member and first-party sources in this review are used to keep the legal identity separate from branding or group-company claims.

Yes, First State Futures is an established legitimate financial-services provider. Trust is based on the identifiable Indonesian legal entity, its current licence/member evidence and the client-money/control disclosures described in the sources. These protections are jurisdiction-specific and are not Belgian deposit insurance or an EEA investor-compensation scheme.

That does not make every account equally protected; The verified BAPPEBTI relationship is Indonesian. No source reviewed for this profile establishes that PT First State Futures holds an EEA investment-firm passport or a Belgian retail route for electronically distributed leveraged OTC CFDs/rolling-spot forex; Belgian FSMA product restrictions must be assessed separately.

The current legal page also discloses Indonesian BI/JFX/KBI relationships. These do not create a Belgian or EEA retail leveraged-OTC passport.

The rating is based on current legal status, client-money controls and decision-useful product/platform information. Marketing awards are not used as substitutes for licence, execution, cost or protection evidence.

First State Futures is an Indonesian futures/derivatives broker. The precise mix of forex, commodities, indices, exchange futures or other contracts follows the current product permissions and account agreement.

Use the contact details on https://www.firststate-futures.com/ and cross-check the regulated legal name before sending money or identity documents. Unsolicited personal-bank or messaging-app payment requests should not be treated as official funding instructions.

PT First State Futures operates through its Indonesian regulated entity; the current official/regulator source is the preferred reference for the registered office and authorised representatives.

The official site provides Indonesian support and legal/compliance information tied to the regulated PT First State Futures entity.

First State Futures provides broker/product information and, where shown on the current site, education or market analysis. Broker-produced material is not independent investment advice.

The current public evidence does not prove that every client trade is hedged one-for-one externally. Execution can differ between exchange, SPA, PALN and other contract structures, so the applicable execution agreement controls.

The reviewed service is Indonesia-focused and no Belgian retail leveraged-OTC serving entity is verified.

First State Futures is best suited to eligible Indonesian clients who specifically need current BAPPEBTI/OJK/BI disclosures, broad currency/commodity/index product coverage, demo/mobile access and unusually specific low commission/lot-size claims

First State Futures is a weaker fit for Belgian retail users seeking an EEA-regulated leveraged OTC forex/CFD account, or anyone who needs the same protections and product terms in every jurisdiction

Any rebate, IB payment or promotional pricing must be evaluated against the normal spread, commission, financing and margin of the selected account; no campaign is assumed to apply to every client.

Live and demo access are available, with fractional 0.1-lot trading advertised on eligible products.

To open a live account, Start from https://www.firststate-futures.com/, verify the legal entity, complete the Indonesian identity/residency and suitability/KYC steps, choose an eligible product/account and fund only through the official regulated route. The broker must complete identity, residency and suitability/appropriateness checks before regulated products are enabled.

Where the current site offers demo access it is suitable for platform practice, but simulated fills and balances do not establish live execution quality, slippage or withdrawal performance.

First State Futures is not a proprietary-trading challenge, so there are no 'trading objectives' whose breach automatically terminates a funded challenge. Normal account restrictions instead come from margin rules, product permissions, suitability checks and the client agreement.

Current legal disclosures list BAPPEBTI 18/BAPPEBTI/PN/3/2010, SPA 37/BAPPEBTI/SP-PN/5/2010, OJK S-455/PM.02/2025 and current BI/JFX/KBI relationships.

Indonesian KYC/AML and account-ownership checks apply. Client payments should match the verified account holder and any source-of-funds request should be completed through the authenticated broker route.

Funding uses the regulated client route and approved segregated accounts; beneficiary details should be verified in the authenticated environment.

Funding uses the regulated client route and approved segregated accounts; beneficiary details should be verified in the authenticated environment.

The current sources reviewed do not support one universal minimum across every product/account unless specifically stated above; use the live onboarding/contract specification for the selected route.

Withdrawals should be requested through the authenticated client environment to a verified beneficiary. The review does not invent a universal bank/e-wallet list where the current source set does not establish one.

Submit the request through the verified client account, confirm beneficiary ownership and complete any additional KYC/source-of-funds checks. Bank/payment settlement time is separate from broker processing.

First State Futures is a trading broker, not a fixed-return payout service. Withdrawable equity depends on settled cash, open-position margin, account verification and the applicable contract rules.

Current first-party marketing advertises commission from USD 0.1 and 0.1-lot trading; exact symbol spread and financing still vary with product/market.

First State Futures currently covers currencies, gold/oil, indices, US single-stock related derivatives and multilateral commodities.

The broker provides a single current electronic trading platform with mobile access and demo functionality.

First State Futures currently covers currencies, gold/oil, indices, US single-stock related derivatives and multilateral commodities.

Use only platform/server credentials issued through the verified First State Futures client environment; do not rely on server names or installation packages sent by unaffiliated third parties.

Indonesian futures brokers commonly use IDR and, for some products, USD segregated/client accounts. The actual selectable account currency must be confirmed in the current First State Futures onboarding flow.

The current source set does not establish a universal direct-custody crypto service. If crypto exposure is offered, verify whether it is an exchange/derivative contract rather than transferable ownership of coins.

Margin/leverage depends on product and client agreement; the local derivatives permissions do not override foreign retail leverage rules.

Any selectable leverage remains constrained by the account, instrument and applicable Indonesian rules. Changing leverage cannot create product eligibility in Belgium or another jurisdiction where distribution is restricted.

Current first-party marketing advertises commission from USD 0.1 and 0.1-lot trading; exact symbol spread and financing still vary with product/market.

No universal retail MAM/PAMM authority is assumed from a standard broker account. Managed-account functionality requires separate product evidence, authority and appropriate permissions.

The current source set does not establish universal MetaTrader Expert Advisor support across every account, so automated-strategy capability should be verified for the selected platform.

The current authoritative sources do not establish a universal native copy-trading marketplace with leader/follower terms for every client, so this review does not claim one without separate evidence.